Michael Zack
Income requirement? What to do now?
I recently listed my 2 bedroom + office apartment unit on Zillow and Cozy. My wife and I live upstairs so we'd like to get the best possible tenant downstairs. A woman responded to my pre-screening email very quickly ...
Belinda Steinwachs-Dicus
Foreclosure or Deed in Lieu
Please I’m desperate for guidance on this matter. The balloon payment due to me as a private lender has not been paid. At the first of May The borrower asked for a one year extension. I agreed to a one year extension ...
Michael D'Alessandro
Rental Property Analysis
Hello BP Community, I hope everyone is doing well and staying safe! I wanted to get some of your feedback/suggestions on my struggles when analyzing deals in my area. I became a PRO Member this morning and have analyz...
Ryan Na
Security deposit issues - California
HI all, Thanks for all the discussion and help going on here. Hope I can contribute soon, but at the moment I could use a little help.We bought our first multi-unit property this summer and had to evict a tenant for u...
Robert Thompson
Selling rental property to purchase more rental property.
I want to sell a piece of rental property in Colorado and buy more rental property in North Carolina. How do I keep from paying capital gains tax?Can I use some of the profit to pay down the mortgage on other rental p...
Asim Iftikhar
Selling a home - should i go with conventional offer or FHA?
Hello, I am selling a home in Houston, have 2 offers. One is going conventional (20%) down (offer amount is 150K), and the other is FHA (152K offer with 2K) towards closing. Which one is better? Both have pre approva...
N/A N/A
Second thoughts about Florida
I wanted to move to and invest in real estate in Florida for along time. I am having second thoughts now, insurance is high, hurricanes can destroy everything, and I just don't feel as confident as I once did. I love ...
Alex K.
Successful auction.com bid and offer to flip
I just got under contract today for a property listed on auction.com. It was on the MLS for $69k back in January. It was lowered to $58 then $54k just before auction.com got the listing. I did a pre-auction bid for...
Mark S.
Tenant Responsible for Sewer Pipe?
I have a family member that asked me about an issue he's having with his current landlord. I told him I'd ask the community to see what everyone thinks.
He and his family are currently renting in Colorado. They'v...
John Clements
Carpet Replacement ?
I purchased a duplex ( 3br 2 ba 2 car garage) 3 years ago an inherited a tenant. The tenant has lived in the unit for 8 years and pays rent on time. She is complaining about the carpet which is 20 years old. The carpe...